DIY Asset Allocation Course
If so then this course is for you!
We will teach you how to do the entire process of investment.
- This will save you paying layers of management fees
- This will empower you to take control of your own investments
- The material consists of five modules, one each week
- If you have questions you can schedule one-to-one coaching.
- Speak with us anytime on the messaging app Slack.
This is not a get rich quick scheme. We don't promise a secret formula for success. We will not give you financial advice. What we do promise is that you will come away from the course with a realistic idea of what returns you can achieve over a lifetime of investing, the risks you must take and manage to achieve those returns. We will do our very best to help you through the course, and we fervently hope you will like the course so much that our relationship will last far beyond five weeks.
How long will it take?
To master markets takes a lifetime, but our course will get you started over 5 weeks. Set aside an hour each week to go through the content and do the challenge. The detailed weekly themes are listed below and will be available after the course ends. You can schedule one-to-one coaching sessions with Ramin any time. The schedule from the time you register is:
- Week 0: Setting up your portfolio
- Week 1: Managing and measuring risk
- Week 2: Behavioural investing
- Week 3: Understanding macroeconomic indicators
- Week 4: Asset allocation strategies
Great teaching from someone who knows his stuff
Ramin was an Asset Allocation strategist at an investment bank for six years, and he advised pension funds, hedge funds and central banks on asset allocation. He frequently appeared on Bloomberg TV and CNBC to discuss which assets would perform best. Sometimes he was even right!
Ramin has many years teaching experience. He is calm and quiet rather than shouty, and aims to actually help you rather than show how clever he is. He taught investment and finance while working at an investment bank at all levels from basic introductory courses on shares and bonds to intensive two-week courses on derivatives. He has written two finance books. He currently moonlights teaching Maths and Physics for GCSE and A-level students and has five star reviews on Tutora because his students love his teaching style.
To get an idea of Ramin's teaching style take a look at the free video resources in our Learning Centre.
What will the course cover?
Setting Up Your Portfolio
You have to have the infrastructure set up in order to build an investment portfolio. In this lesson we deal with the basics you must have in place, with a focus on keeping your costs down:
- Finding a cheap broker
- Cross-asset exchange traded funds with the lowest fees
- A good data data provider that will give price data and histories
- Tax-efficient ISA & SIPP wrappers
Managing and Measuring Risk
Returns are only half the investment story. You have to be aware of the risks you are taking to produce those returns.
- Calculating and understanding the volatility of your assets and your portfolio
- Diversification: how to maximize it and keep risk as low as possible
- What price correlation means and how to choose uncorrelated assets
Your greatest risk is your own behaviour. Don't feel bad, we all fall into the same pitfalls, but the best way to address this is to become aware of the pitfalls.
- Overconfidence: You think you can forecast the future. You can't.
- Self-attribution bias: After successfully predicting one outcome by luck you think you are now infallible.
- Sell winners, hold losers: People are reluctant to crystallize a loss by selling a loss-making investment and yet tend to sell profitable positions too soon in the belief that the rally cannot continue.
- Confirmation bias: You read the news headlines and choose to believe only the ones which confirm your view and dismiss the others as fake news. You should consider all points of view and admit that your view may be wrong if credible evidence says so.
Understanding Macroeconomic Indicators
The Starship Enterprise had sensors. Top-down investors have macroeconomic indicators. Which ones matter, where can you find them, and what do they mean for future asset returns?
- Purchasing Manager Indices and GDP
- Inflation, CPI and PPI
- Central bank policy
Asset Allocation Strategies
A strategy is a long-term set of weights that you keep to because those are tuned to harvest your expected asset returns as well as possible.
- Off the shelf strategies: Fixed Weights, Inverse Volatility, Risk Parity, Minimum Variance, Maximum Sharpe
- Tactical asset allocation, when to make deliberate short-term deviations from your strategic allocation
- How often to rebalance and to know when it's time to rebalance
What do people think of the course?
Starting a family has made me determined that my investments are performing and this course has helped me calculate the expected correlation and volatility of my portfolio.